Daniel J. Schrider - Apr 1, 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
President & CEO
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Schrider
Stock symbol
SASR
Transactions as of
Apr 1, 2022
Transactions value $
-$163,644
Form type
4
Date filed
4/4/2022, 04:22 PM
Previous filing
Mar 17, 2022
Next filing
Apr 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$164K -3.64K -3.51% $44.92 100K Apr 1, 2022 Direct F1
holding SASR Common Stock 6.49K Apr 1, 2022 401(k) Plan
holding SASR Common Stock 56 Apr 1, 2022 Owned by son
holding SASR Common Stock 3.13K Apr 1, 2022 Direct F2
holding SASR Common Stock 4.26K Apr 1, 2022 Direct F3
holding SASR Common Stock 6.09K Apr 1, 2022 Direct F4
holding SASR Common Stock 9.36K Apr 1, 2022 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of vested restricted stock withheld for tax obligations.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 25, 2019.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.